The Mexico Equity and Income Fund, Inc.

Form N-SAR Report for the Period Ended 1/31/16


Item 77-C (1)

Results of Annual Stockholders Meeting


The Fund’s Annual Stockholders meeting was held on December 17, 2015, at the
offices of U.S. Bancorp Fund Services, 777 E. Wisconsin Avenue, Milwaukee, WI
53202.As of October 15, 2015, the record date, outstanding shares of common
and preferred stock were 7,428,915 and 48,535 respectively. Holders of 6,406,148
common and 45,972 preferred shares of the Fund were present at the meeting either
in person or by proxy. These holders, as being holders of a majority of the
outstanding shares of the Fund, constituted a quorum. The stockholders voted on
two proposals. The stockholders elected two Directors to the Board of Directors
and approved an amendment to the Fund’s Articles Supplementary to provide for
the redemption of the outstanding shares of the Fund’s preferred stock at the
option of the Fund at a price equal to 98% of the net asset value per share of
Fund on a date to be designed by the Board of Directors. The following table
provides information concerning the matters voted on at the meeting:

I.  Election of Directors - Common and Preferred
					Votes For	Votes Withheld

(A)	Rajeev Das	    		 3,809,975	    2,596,173


I.  Election of Directors - Preferred
					Votes For	Votes Withheld
(B)	Richard Abraham			  42,454	     3,518


II. Approval of an amendment to the Fund’s Articles Supplementary to provide for the
redemption of the outstanding preferred stock

			Votes For		Votes Against		Abstain

Common and Preferred    4,319,958	             107,327		 45,491

Preferred		29,399			       2,959		   -